Category: All News

  • Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India for fleet operators. Under this partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, enabling fleet operators to transition to electric vehicles through simpler and customised financing solutions.

    Drivn offers bespoke operating lease solutions tailored to commercial fleet operators. By bridging long-standing gaps across financing, deployment and charging infrastructure, it is helping make the shift to electric simpler and more practical, accelerating fleet electrification across India.

    Tata Motors is leading the commercial mobility transition with the widest electric CV portfolio and an ecosystem that makes electrification both practical and profitable. The company works closely with fleet owners to optimise performance, uptime, charging and financing across the lifecycle. As adoption deepens, Tata Motors remains focused on delivering end-to-end solutions that help customers transition confidently to zero-emission mobility.

    Speaking on the occasion, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd., said, “Tata Motors is committed to democratising clean mobility and accelerating India’s transition towards sustainable transportation. Together with Drivn, we aim to make electric trucks more accessible to our customers. Our electric trucks portfolio has been engineered to deliver performance, reliability and operating economics that meet the evolving needs of our customers, while helping them confidently transition to zero-emission technologies.”

    Manav Bansal, CEO and Co-founder of Drivn, said, “Making electric fleets commercially viable is key to driving adoption at scale. While there is growing interest from operators, the shift ultimately depends on how practical and accessible these solutions are. Partnering with Tata Motors allows us to combine a strong vehicle portfolio with our leasing model, addressing key barriers such as upfront costs and deployment timelines. Through this partnership, we intend to deploy over 1,000 electric trucks over the next two years, offering fleet operators a clearer and more scalable path to electrification while contributing to the broader growth of the EV ecosystem in India.”

    Alpna Jain, Co-founder and Chief Business Officer at Drivn, said, “Electric fleet adoption scales when the right ecosystem comes together for support. With Tata Motors’ strong market presence, fleet operators gain trust and access as we are getting the elements of maintenance of vehicles, uptime as a joint commitment from OEM and combining technology to monitor efficiencies.”

    Tata Motors continues to lead the nation’s electric commercial vehicle transition with a robust portfolio. The company newly-introduced a comprehensive portfolio of electric trucks ranging from 7 to 55 tonnes, built on the new I-MOEV (Intelligent Modular Electric Vehicle) Architecture under the Tata Trucks.ev brand. Engineered for sustainable, efficient and high-performance operations, these trucks address a wide spectrum of applications including e-commerce logistics, construction material movement and port operations. Backed by the rapidly growing EV charging infrastructure and a nationwide service network, Tata Motors remains steadfast in its commitment to advancing sustainable mobility and strengthening India’s green transportation ecosystem.

  • Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India for fleet operators. Under this partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, enabling fleet operators to transition to electric vehicles through simpler and customised financing solutions.

    Drivn offers bespoke operating lease solutions tailored to commercial fleet operators. By bridging long-standing gaps across financing, deployment and charging infrastructure, it is helping make the shift to electric simpler and more practical, accelerating fleet electrification across India.

    Tata Motors is leading the commercial mobility transition with the widest electric CV portfolio and an ecosystem that makes electrification both practical and profitable. The company works closely with fleet owners to optimise performance, uptime, charging and financing across the lifecycle. As adoption deepens, Tata Motors remains focused on delivering end-to-end solutions that help customers transition confidently to zero-emission mobility.

    Speaking on the occasion, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd., said, “Tata Motors is committed to democratising clean mobility and accelerating India’s transition towards sustainable transportation. Together with Drivn, we aim to make electric trucks more accessible to our customers. Our electric trucks portfolio has been engineered to deliver performance, reliability and operating economics that meet the evolving needs of our customers, while helping them confidently transition to zero-emission technologies.”

    Manav Bansal, CEO and Co-founder of Drivn, said, “Making electric fleets commercially viable is key to driving adoption at scale. While there is growing interest from operators, the shift ultimately depends on how practical and accessible these solutions are. Partnering with Tata Motors allows us to combine a strong vehicle portfolio with our leasing model, addressing key barriers such as upfront costs and deployment timelines. Through this partnership, we intend to deploy over 1,000 electric trucks over the next two years, offering fleet operators a clearer and more scalable path to electrification while contributing to the broader growth of the EV ecosystem in India.”

    Alpna Jain, Co-founder and Chief Business Officer at Drivn, said, “Electric fleet adoption scales when the right ecosystem comes together for support. With Tata Motors’ strong market presence, fleet operators gain trust and access as we are getting the elements of maintenance of vehicles, uptime as a joint commitment from OEM and combining technology to monitor efficiencies.”

    Tata Motors continues to lead the nation’s electric commercial vehicle transition with a robust portfolio. The company newly-introduced a comprehensive portfolio of electric trucks ranging from 7 to 55 tonnes, built on the new I-MOEV (Intelligent Modular Electric Vehicle) Architecture under the Tata Trucks.ev brand. Engineered for sustainable, efficient and high-performance operations, these trucks address a wide spectrum of applications including e-commerce logistics, construction material movement and port operations. Backed by the rapidly growing EV charging infrastructure and a nationwide service network, Tata Motors remains steadfast in its commitment to advancing sustainable mobility and strengthening India’s green transportation ecosystem.

  • Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India for fleet operators. Under this partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, enabling fleet operators to transition to electric vehicles through simpler and customised financing solutions.

    Drivn offers bespoke operating lease solutions tailored to commercial fleet operators. By bridging long-standing gaps across financing, deployment and charging infrastructure, it is helping make the shift to electric simpler and more practical, accelerating fleet electrification across India.

    Tata Motors is leading the commercial mobility transition with the widest electric CV portfolio and an ecosystem that makes electrification both practical and profitable. The company works closely with fleet owners to optimise performance, uptime, charging and financing across the lifecycle. As adoption deepens, Tata Motors remains focused on delivering end-to-end solutions that help customers transition confidently to zero-emission mobility.

    Speaking on the occasion, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd., said, “Tata Motors is committed to democratising clean mobility and accelerating India’s transition towards sustainable transportation. Together with Drivn, we aim to make electric trucks more accessible to our customers. Our electric trucks portfolio has been engineered to deliver performance, reliability and operating economics that meet the evolving needs of our customers, while helping them confidently transition to zero-emission technologies.”

    Manav Bansal, CEO and Co-founder of Drivn, said, “Making electric fleets commercially viable is key to driving adoption at scale. While there is growing interest from operators, the shift ultimately depends on how practical and accessible these solutions are. Partnering with Tata Motors allows us to combine a strong vehicle portfolio with our leasing model, addressing key barriers such as upfront costs and deployment timelines. Through this partnership, we intend to deploy over 1,000 electric trucks over the next two years, offering fleet operators a clearer and more scalable path to electrification while contributing to the broader growth of the EV ecosystem in India.”

    Alpna Jain, Co-founder and Chief Business Officer at Drivn, said, “Electric fleet adoption scales when the right ecosystem comes together for support. With Tata Motors’ strong market presence, fleet operators gain trust and access as we are getting the elements of maintenance of vehicles, uptime as a joint commitment from OEM and combining technology to monitor efficiencies.”

    Tata Motors continues to lead the nation’s electric commercial vehicle transition with a robust portfolio. The company newly-introduced a comprehensive portfolio of electric trucks ranging from 7 to 55 tonnes, built on the new I-MOEV (Intelligent Modular Electric Vehicle) Architecture under the Tata Trucks.ev brand. Engineered for sustainable, efficient and high-performance operations, these trucks address a wide spectrum of applications including e-commerce logistics, construction material movement and port operations. Backed by the rapidly growing EV charging infrastructure and a nationwide service network, Tata Motors remains steadfast in its commitment to advancing sustainable mobility and strengthening India’s green transportation ecosystem.

  • Drivn Signs MoU with Tata Motors to Offer Innovative Leasing and Financing Solutions for its Electric Commercial Vehicles

    Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India for fleet operators. Under this partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, enabling fleet operators to transition to electric vehicles through simpler and customised financing solutions.

    Drivn offers bespoke operating lease solutions tailored to commercial fleet operators. By bridging long-standing gaps across financing, deployment and charging infrastructure, it is helping make the shift to electric simpler and more practical, accelerating fleet electrification across India.

    Tata Motors is leading the commercial mobility transition with the widest electric CV portfolio and an ecosystem that makes electrification both practical and profitable. The company works closely with fleet owners to optimise performance, uptime, charging and financing across the lifecycle. As adoption deepens, Tata Motors remains focused on delivering end-to-end solutions that help customers transition confidently to zero-emission mobility.

    Speaking on the occasion, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Ltd., said, “Tata Motors is committed to democratising clean mobility and accelerating India’s transition towards sustainable transportation. Together with Drivn, we aim to make electric trucks more accessible to our customers. Our electric trucks portfolio has been engineered to deliver performance, reliability and operating economics that meet the evolving needs of our customers, while helping them confidently transition to zero-emission technologies.”

    Manav Bansal, CEO and Co-founder of Drivn, said, “Making electric fleets commercially viable is key to driving adoption at scale. While there is growing interest from operators, the shift ultimately depends on how practical and accessible these solutions are. Partnering with Tata Motors allows us to combine a strong vehicle portfolio with our leasing model, addressing key barriers such as upfront costs and deployment timelines. Through this partnership, we intend to deploy over 1,000 electric trucks over the next two years, offering fleet operators a clearer and more scalable path to electrification while contributing to the broader growth of the EV ecosystem in India.”

    Alpna Jain, Co-founder and Chief Business Officer at Drivn, said, “Electric fleet adoption scales when the right ecosystem comes together for support. With Tata Motors’ strong market presence, fleet operators gain trust and access as we are getting the elements of maintenance of vehicles, uptime as a joint commitment from OEM and combining technology to monitor efficiencies.”

    Tata Motors continues to lead the nation’s electric commercial vehicle transition with a robust portfolio. The company newly-introduced a comprehensive portfolio of electric trucks ranging from 7 to 55 tonnes, built on the new I-MOEV (Intelligent Modular Electric Vehicle) Architecture under the Tata Trucks.ev brand. Engineered for sustainable, efficient and high-performance operations, these trucks address a wide spectrum of applications including e-commerce logistics, construction material movement and port operations. Backed by the rapidly growing EV charging infrastructure and a nationwide service network, Tata Motors remains steadfast in its commitment to advancing sustainable mobility and strengthening India’s green transportation ecosystem.

  • HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    On Akshay Urja Diwas, Hindustan Petroleum Corporation (HPCL) has highlighted its renewable energy initiatives as part of its efforts to advance the greening of its operations and support the transition towards cleaner sources of energy.

    As renewable energy evolves beyond conventional solar installations, HPCL, through its renewable energy subsidiary HPCL Renewable and Green Energy (HPRGE), is adopting innovative models that combine clean power generation with efficient utilisation of land, water and existing infrastructure, stated the company.

    Currently, HPCL has an operational renewable energy portfolio of 253 MW, comprising solar and wind assets. Its 100.9 MW wind portfolio is being used for captive consumption, utility supplies and power trading on the Indian Energy Exchange (IEX). Further, HPRGE is also executing more than 200 MWp of solar projects across ground-mounted, rooftop, agri-solar and floating solar formats.

    HPRGE’s agri-solar project in Delhi supplies renewable power to 24 HPCL retail outlets under the Group Net Metering policy. The project uses solar modules installed on elevated structures with more than 3.5 metres of ground clearance, allowing agricultural activities to continue below the panels.

    The company has also commissioned its first floating solar project at the reservoir of HPCL’s Vizag refinery. Two more floating solar projects are under execution at the Pachpadra and Nachna reservoirs of HPCL Rajasthan Refinery. The Nachna project is being integrated with a Battery Energy Storage System (BESS).

    The floating solar projects are designed to use existing water bodies without requiring additional land acquisition and can also reduce water evaporation from the reservoirs.

    HPRGE has commissioned ground-mounted solar projects at Jalgaon in Maharashtra and Jhansi in Uttar Pradesh to supply renewable power to HPCL’s marketing locations in the two states. Two other ground-mounted projects in Gujarat and Haryana have achieved mechanical completion.

    Construction has also progressed on HPRGE’s 140 MWp solar project at Galiveedu in Andhra Pradesh. The company is developing additional utility-scale captive renewable energy projects for HPCL’s refineries, terminals and marketing locations across multiple states.

    The projects cover multiple renewable energy applications, including captive power generation, rooftop solar, agri-solar, floating solar and battery storage, as HPCL expands renewable power use across its operations.

    Commenting on the renewable energy journey, Mohit Dhawan, CEO HPRGE, said, “Renewable energy is not just about generating clean power; it is about using our resources smarter. Our agri-solar projects enable farming and solar generation to coexist on the same land, creating an inclusive model where clean energy supports additional income and prosperity for farmers. Our floating solar projects use the unused surface of reservoirs, avoiding competition for land while also reducing evaporation and conserving water. They can also be implemented faster than conventional ground-mounted projects in suitable locations. For us, the focus is clear: generate clean energy, use land and water more efficiently, create value for communities, and accelerate HPCL’s journey towards a sustainable future.”

  • HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    On Akshay Urja Diwas, Hindustan Petroleum Corporation (HPCL) has highlighted its renewable energy initiatives as part of its efforts to advance the greening of its operations and support the transition towards cleaner sources of energy.

    As renewable energy evolves beyond conventional solar installations, HPCL, through its renewable energy subsidiary HPCL Renewable and Green Energy (HPRGE), is adopting innovative models that combine clean power generation with efficient utilisation of land, water and existing infrastructure, stated the company.

    Currently, HPCL has an operational renewable energy portfolio of 253 MW, comprising solar and wind assets. Its 100.9 MW wind portfolio is being used for captive consumption, utility supplies and power trading on the Indian Energy Exchange (IEX). Further, HPRGE is also executing more than 200 MWp of solar projects across ground-mounted, rooftop, agri-solar and floating solar formats.

    HPRGE’s agri-solar project in Delhi supplies renewable power to 24 HPCL retail outlets under the Group Net Metering policy. The project uses solar modules installed on elevated structures with more than 3.5 metres of ground clearance, allowing agricultural activities to continue below the panels.

    The company has also commissioned its first floating solar project at the reservoir of HPCL’s Vizag refinery. Two more floating solar projects are under execution at the Pachpadra and Nachna reservoirs of HPCL Rajasthan Refinery. The Nachna project is being integrated with a Battery Energy Storage System (BESS).

    The floating solar projects are designed to use existing water bodies without requiring additional land acquisition and can also reduce water evaporation from the reservoirs.

    HPRGE has commissioned ground-mounted solar projects at Jalgaon in Maharashtra and Jhansi in Uttar Pradesh to supply renewable power to HPCL’s marketing locations in the two states. Two other ground-mounted projects in Gujarat and Haryana have achieved mechanical completion.

    Construction has also progressed on HPRGE’s 140 MWp solar project at Galiveedu in Andhra Pradesh. The company is developing additional utility-scale captive renewable energy projects for HPCL’s refineries, terminals and marketing locations across multiple states.

    The projects cover multiple renewable energy applications, including captive power generation, rooftop solar, agri-solar, floating solar and battery storage, as HPCL expands renewable power use across its operations.

    Commenting on the renewable energy journey, Mohit Dhawan, CEO HPRGE, said, “Renewable energy is not just about generating clean power; it is about using our resources smarter. Our agri-solar projects enable farming and solar generation to coexist on the same land, creating an inclusive model where clean energy supports additional income and prosperity for farmers. Our floating solar projects use the unused surface of reservoirs, avoiding competition for land while also reducing evaporation and conserving water. They can also be implemented faster than conventional ground-mounted projects in suitable locations. For us, the focus is clear: generate clean energy, use land and water more efficiently, create value for communities, and accelerate HPCL’s journey towards a sustainable future.”

  • HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    On Akshay Urja Diwas, Hindustan Petroleum Corporation (HPCL) has highlighted its renewable energy initiatives as part of its efforts to advance the greening of its operations and support the transition towards cleaner sources of energy.

    As renewable energy evolves beyond conventional solar installations, HPCL, through its renewable energy subsidiary HPCL Renewable and Green Energy (HPRGE), is adopting innovative models that combine clean power generation with efficient utilisation of land, water and existing infrastructure, stated the company.

    Currently, HPCL has an operational renewable energy portfolio of 253 MW, comprising solar and wind assets. Its 100.9 MW wind portfolio is being used for captive consumption, utility supplies and power trading on the Indian Energy Exchange (IEX). Further, HPRGE is also executing more than 200 MWp of solar projects across ground-mounted, rooftop, agri-solar and floating solar formats.

    HPRGE’s agri-solar project in Delhi supplies renewable power to 24 HPCL retail outlets under the Group Net Metering policy. The project uses solar modules installed on elevated structures with more than 3.5 metres of ground clearance, allowing agricultural activities to continue below the panels.

    The company has also commissioned its first floating solar project at the reservoir of HPCL’s Vizag refinery. Two more floating solar projects are under execution at the Pachpadra and Nachna reservoirs of HPCL Rajasthan Refinery. The Nachna project is being integrated with a Battery Energy Storage System (BESS).

    The floating solar projects are designed to use existing water bodies without requiring additional land acquisition and can also reduce water evaporation from the reservoirs.

    HPRGE has commissioned ground-mounted solar projects at Jalgaon in Maharashtra and Jhansi in Uttar Pradesh to supply renewable power to HPCL’s marketing locations in the two states. Two other ground-mounted projects in Gujarat and Haryana have achieved mechanical completion.

    Construction has also progressed on HPRGE’s 140 MWp solar project at Galiveedu in Andhra Pradesh. The company is developing additional utility-scale captive renewable energy projects for HPCL’s refineries, terminals and marketing locations across multiple states.

    The projects cover multiple renewable energy applications, including captive power generation, rooftop solar, agri-solar, floating solar and battery storage, as HPCL expands renewable power use across its operations.

    Commenting on the renewable energy journey, Mohit Dhawan, CEO HPRGE, said, “Renewable energy is not just about generating clean power; it is about using our resources smarter. Our agri-solar projects enable farming and solar generation to coexist on the same land, creating an inclusive model where clean energy supports additional income and prosperity for farmers. Our floating solar projects use the unused surface of reservoirs, avoiding competition for land while also reducing evaporation and conserving water. They can also be implemented faster than conventional ground-mounted projects in suitable locations. For us, the focus is clear: generate clean energy, use land and water more efficiently, create value for communities, and accelerate HPCL’s journey towards a sustainable future.”

  • HPCL Highlights 253 MW Renewable Energy Portfolio on Akshay Urja Diwas

    On Akshay Urja Diwas, Hindustan Petroleum Corporation (HPCL) has highlighted its renewable energy initiatives as part of its efforts to advance the greening of its operations and support the transition towards cleaner sources of energy.

    As renewable energy evolves beyond conventional solar installations, HPCL, through its renewable energy subsidiary HPCL Renewable and Green Energy (HPRGE), is adopting innovative models that combine clean power generation with efficient utilisation of land, water and existing infrastructure, stated the company.

    Currently, HPCL has an operational renewable energy portfolio of 253 MW, comprising solar and wind assets. Its 100.9 MW wind portfolio is being used for captive consumption, utility supplies and power trading on the Indian Energy Exchange (IEX). Further, HPRGE is also executing more than 200 MWp of solar projects across ground-mounted, rooftop, agri-solar and floating solar formats.

    HPRGE’s agri-solar project in Delhi supplies renewable power to 24 HPCL retail outlets under the Group Net Metering policy. The project uses solar modules installed on elevated structures with more than 3.5 metres of ground clearance, allowing agricultural activities to continue below the panels.

    The company has also commissioned its first floating solar project at the reservoir of HPCL’s Vizag refinery. Two more floating solar projects are under execution at the Pachpadra and Nachna reservoirs of HPCL Rajasthan Refinery. The Nachna project is being integrated with a Battery Energy Storage System (BESS).

    The floating solar projects are designed to use existing water bodies without requiring additional land acquisition and can also reduce water evaporation from the reservoirs.

    HPRGE has commissioned ground-mounted solar projects at Jalgaon in Maharashtra and Jhansi in Uttar Pradesh to supply renewable power to HPCL’s marketing locations in the two states. Two other ground-mounted projects in Gujarat and Haryana have achieved mechanical completion.

    Construction has also progressed on HPRGE’s 140 MWp solar project at Galiveedu in Andhra Pradesh. The company is developing additional utility-scale captive renewable energy projects for HPCL’s refineries, terminals and marketing locations across multiple states.

    The projects cover multiple renewable energy applications, including captive power generation, rooftop solar, agri-solar, floating solar and battery storage, as HPCL expands renewable power use across its operations.

    Commenting on the renewable energy journey, Mohit Dhawan, CEO HPRGE, said, “Renewable energy is not just about generating clean power; it is about using our resources smarter. Our agri-solar projects enable farming and solar generation to coexist on the same land, creating an inclusive model where clean energy supports additional income and prosperity for farmers. Our floating solar projects use the unused surface of reservoirs, avoiding competition for land while also reducing evaporation and conserving water. They can also be implemented faster than conventional ground-mounted projects in suitable locations. For us, the focus is clear: generate clean energy, use land and water more efficiently, create value for communities, and accelerate HPCL’s journey towards a sustainable future.”

  • Oyster Renewable Signs Term Sheet for 25.2 MW Wind-Solar Hybrid RTC Project in Gujarat

    Oyster Renewable Signs Term Sheet for 25.2 MW Wind-Solar Hybrid RTC Project in Gujarat

    Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

    The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

    Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

    The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

    Siddharth Bhatia, MD & CEO from Oyster Renewable said, Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

    With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

  • Oyster Renewable Signs Term Sheet for 25.2 MW Wind-Solar Hybrid RTC Project in Gujarat

    Oyster Renewable Signs Term Sheet for 25.2 MW Wind-Solar Hybrid RTC Project in Gujarat

    Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

    The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

    Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

    The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

    Siddharth Bhatia, MD & CEO from Oyster Renewable said, Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

    With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.